Failure Is Not Fatal - Dave Ramsey Rant

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5 жыл бұрын

Failure Is Not Fatal - Dave Ramsey Rant
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Пікірлер: 160

@3ducations 5 жыл бұрын

When he said “What’s your net worth? $4.00!” I felt attacked. 😂

@tazsmine5915 5 жыл бұрын

3ducations 😂😂😂🥴

@DominereEvansPhotography 5 жыл бұрын

3ducations 🤣🤣🤣

@digitalbrand5510 5 жыл бұрын

Micro aggressed

@JiisTube 4 жыл бұрын

That's higher than mine, mine's negative 😂😂😂✌️

@xJayhawkFANx 3 жыл бұрын

Get out there! Get motivated! You can do it!

@dualthreatoutdoors 5 жыл бұрын

I love the Kermit The Frog voice when quoting broke people 😂😂😂

@ShaneHummus 5 жыл бұрын

Failing is normal. but not learning from it is fatal. This channel is awesome!

@chuckmitchell7454 5 жыл бұрын

Didn’t do stupid lately but my daughters used car engine went out and had to replace it with most of my emergency fund. It stung because I didn’t want to touch the money but the silver lining is no money was borrowed and I was prepared for the emergency. That itself is a win but I felt my momentum take a blow.

@jimroscovius 21 күн бұрын

Just keep going. And get your daughter to help with the car. Isn't she working?

@joeplem5329 5 жыл бұрын

Had to get back to this channel after binge watching vids on the 2020 c8 corvette lol

@Ryan_DeWitt 5 жыл бұрын

Dave will probably buy one. I think he likes Corvette's.

@ChrisMFlorida 5 жыл бұрын

Get that million dollar + net worth then go to the Corvette dealership with cash baby.

@charlescc1000 5 жыл бұрын

I wish Dave told us what cars he has instead of just sometimes mentioning how he’s got a lot of cool cars

@rossedwardmiller 5 жыл бұрын

You can buy one in 15 years

@reeceratcliff2906 5 жыл бұрын

Same!!!!

@jamesl.7725 5 жыл бұрын

If you aren't failing, you aren't trying.

@mikepawlikguitar 2 жыл бұрын

This needs to be plastered on my wall. What a great comment. I need this comment as a daily reminder ✌️👍💪👌🤙

@phantomtized 5 жыл бұрын

I love his sarcasm. 😭😭😭😭. He speaking the truth though.

@ChrisInvests 5 жыл бұрын

You have to be prepared to fail 9 times out of 10 in order to succeed 🤔👍 Almost any successful person will agree.

@fromdustyoucame 5 жыл бұрын

I fail 10 times out of 10.

@marcelrodriguez2067 5 жыл бұрын

My father did that now he is 70 years old with barely any money, so i gotta help him.

@sunshinelawfan7693 5 жыл бұрын

Nah. That's old, Henry Ford thinking. Too risky! 90% fail rate? Nyet...

@ChineduOgu 5 жыл бұрын

You’ve changed my life sir. Thank you!! 🙏🏾

@jamesmir89 4 жыл бұрын

Chineke ngozi

@TetelestaiontheCross 5 жыл бұрын

Thank you Dave. You’ve changed our lives! God led me to you and I’m so grateful he did. We were drowning and finally we can breathe! God bless you and your ministry to help people get out of debt!

@kzamora2548 4 жыл бұрын

"If you aim at nothing, you will hit it every time. " - Zig Ziglar

@KayyoGamer 5 жыл бұрын

Good thing I found Dave when I got my first paycheck thank you learning from other people's mistake

@KatieDClark 5 жыл бұрын

Love this message! Dave Ramsey inspires me everyday! Thanks for being “weird”

@stars1836 5 жыл бұрын

If we make a mistake, we find a better path. And move forward.

@frankiesmom8478 5 жыл бұрын

I love Dave Ramsey rants

@sharonbrown9721 5 жыл бұрын

Thank you Dave for the truth as always. Some people can't handle it including me but Thanks to have the guts to say what needs to be said.

@charlies.5777 5 жыл бұрын

So true. I have an advanced degree in Economics ,BUT my personal finance knowledge leaves a lot to be desired!!

@rogerepps7726 4 жыл бұрын

You'll never hear a millionaire say "Yeah, those food stamps or AFDC was my big breakthrough in life. Saved me from poverty" either. The only way out of poverty is with capitalism ... A JOB! and saving money too!!

@unworthyServant08 5 жыл бұрын

Thank you Dave. Stupid behaviors and Impulsiveness hurt Financial health.

@ktee1403 5 жыл бұрын

Watching this after buying a bunch of xbox games on Amazon. Man I feel like a failure! Thanks Dave

@GacekDnb-dx7dp 5 жыл бұрын

Thank to Baby steps i’m step 3 and trust me i can breath very easy now Thank you Ramsey solution Team and Dave and rest behind!!!!

@Triptoons 5 жыл бұрын

If you are wise...There are many lessons learned when you fail.

@deshawn1801 5 жыл бұрын

Thanks Dave I needed this! when we get knocked down just gotta get back up and push even harder the next go around.

@dualthreatoutdoors 5 жыл бұрын

5:45 “You’re an idiot”, I love it 😂😂😂

@joeivo911 5 жыл бұрын

Love this. Thanks Dave. I’m just starting out and I need this.

@macy.schmidt 5 жыл бұрын

I feel personally attacked 😩😅 currently stuck in a car lease (really the worst decision), am thousands of dollars in debt from getting a degree with little to no job prospects, and I decided to go to Europe for the summer with a net worth of wayyyy less than $4. Oh and I have a travel rewards credit card! Helped me save $25 to get here!!

@jaguar28x 5 жыл бұрын

If you pay your credit card off at the end of the month and are responsible, then it does not hurt to have a credit card and in fact it will help you get 1% 2% back from your spending. The problem is 95% of people are not disciplined enough to do that so in general Dave Ramsey is right on this one. Lucky for me I'm part of the 5%

@CarlosFlores-xf2sn 5 жыл бұрын

Lorenz Garcia thankfully I’m that 5% as well. $0 debt to my name ever since I finished hs 4 year agos. Just have to be disciplined.

@jaguar28x 5 жыл бұрын

@@CarlosFlores-xf2sn absolutely brother! That's probably why we're listening to Dave Ramsey.

@CarlosFlores-xf2sn 5 жыл бұрын

Lorenz Garcia Yup; Dave would hate us knowing we use credit cards but honestly you just have to treat it like your cash. I mean, you have to pay for it eventually so idk how people just go crazy & max it out you know?

@Ryan_DeWitt 5 жыл бұрын

Dave deals with financial alcoholics. If you dealt with alcoholics all day, you would tell everyone, even those who can handle their liquor to never take a sip.

@wk3820 5 жыл бұрын

I liken it to having a pet rattlesnake. You may be the best in the world at handling it safely, but eventually you will slip up and get bitten.

@theelephant2887 5 жыл бұрын

Agree that credit card points won't make you wealthy. BUT, in my case, I pay everything with my credit card (per my budget plan), I pay my entire outstanding balance every month, so no intrest, and I actually use my points sometimes flying for free.

@postmatchanalysis2 5 жыл бұрын

Who gives credit without an interest? Are the credit card companies gonna pay their staff without interest on the cards?

@libertarian4323 5 жыл бұрын

@@postmatchanalysis2 You pay no interest if you pay the balance every month. In 34 years of using credit cards, I've paid $0.00 in interest and fees.

@rayn1ful 3 жыл бұрын

That line about the no millionaire got wealthy on airline miles cracks me up every time , yet people still swallow that garbage hook line and sinker.

@dr.bassmab552 5 жыл бұрын

I wish my fiancée listen to Dave Ramsey or at least follow the plans he offers . I moved to USA 6 years ago for school .. I started to listen to Dave few months ago as I was searching for some money advices and budgeting .. I am glad I found you before I get into the USA life and Debts... etc ..I glorify all the advices you give. Thank you Dave Ramsey.

@NickPeitsch 5 жыл бұрын

Learning through video, experience, reading, etc. can help you avoid mistakes by learning through others!

@lulusp1023 4 жыл бұрын

Just love to listen....great show

@clair233 5 жыл бұрын

" that's all of us, baby doll, that's all of us " lol brilliant

@eflvin 5 жыл бұрын

I have done lots of dumb things with money. Now I know better. You inspire me, Dave.

@AaronHernandez-xv4qh 5 жыл бұрын

I have a masters in finance and I’m broke :D

@Nyiswhereibelong 2 жыл бұрын

Dave Ramsey is the greatest of all time

@nisey088 5 жыл бұрын

Preach Uncle Dave!!

@jimroscovius 21 күн бұрын

Dave is SO RIGHT on this. We made stupid decisions when we were young, stupid, and broke. We said, "never again," and got out of it. We've been debt free for years, have great savings, nice retirement investments, and a paid-off house. Just follow Proverbs.

@MouseRata 5 жыл бұрын

Called this morning to close my credit card account after paying it off. The guy tried so hard to come up with points, etc to keep me from closing. Then he says what if something happens and you need money, I said that’s why I have a savings account, that shut him up. It felt good to say, no thank you, I just want to close my account.🤓

@moemoneysouth 5 жыл бұрын

The ending . 🙏🏽 god bless and thank you

@snbi7518 5 жыл бұрын

In order to succeed, one must be able to fail. Most successful people pick themselves up after many failures but they know that can’t stop them. Best of luck!

@linglee5759 5 жыл бұрын

I have a masters in finance and almost broke

@lulusp1023 4 жыл бұрын

Just love to listen..

@Albert12893 4 жыл бұрын

Man's a legend

@mandysimmons2769 5 жыл бұрын

First line sounded just like Mr. Rogers. LOL

@carolynb.9469 4 жыл бұрын

He should have Graham Stephen on to talk about wealth building and credit cards lol

@clive1699 5 жыл бұрын

You’re amazing sir...True HUMAN being....Thank you...I MEAN THAT

@verysmarteducation 5 жыл бұрын

Learn from your mistakes and don't do them again. Get better faster by learning from other people's mistakes.

@dayrich 3 ай бұрын

averaged the last 2 & 1/2 months since the new years & we’ve spent $444 a month on out to eat for our large family of 7. 😖

@InvestingEducation 5 жыл бұрын

Totally agree. We all make mistakes. The important thing is to learn from thr mistakes. I'm sure I will pick some wrong stocks for my portfolio on my channel but hopefully I will pick some great companies too

@teesellz7692 5 жыл бұрын

I still believe that God didn't make this world for everybody to be rich you still can have a good life by being smart Jesus said its going to be easier for a rich man to walk through the eye of a needle than get into heaven

@ChrisMFlorida 5 жыл бұрын

yes and god didn't say do stupid things with money either. It's all about your daily choices in life. That's where it begins.

@matthewclaiborne229 5 жыл бұрын

Man we were due for a patented Dave Ramsey Rant

@keno8070 5 жыл бұрын

Leasing always isn’t the most expensive if you add in the drop off when u drive it out and how much your car will cost to maintain but only some cars

@buffaloben15golf88 2 жыл бұрын

Just recently got in a bad car accident, me beating at fault. It’s gonna cost me a lot of money because of my age and I’m going to have to sacrifice quite a bit in order to get myself out of this mess. But you know what? I could’ve died or been permanently disabled in the crash. I’m not. God gave me a chance to reset my priorities. That is exactly what I’m doing.

@GUTOMOFFICIAL 5 жыл бұрын

"Said no rich person ever!" LOL

@rickm6076 5 жыл бұрын

Failure with the Mobs money could be fatal tho.

@mattd8670 5 жыл бұрын

rick m60 😂😂😂. True!

@SensSword 5 жыл бұрын

4:04 Getting a little defensive there about chocolate chip cookies.... ;-)

@archiealsobrookii4755 5 жыл бұрын

Facts

@monkeseeaction21987 3 жыл бұрын

"What's your net worth? Four dollars!" Ouch

@cakepopcrush 5 жыл бұрын

That discover cash back example ouch that was person

@mojo6385 5 жыл бұрын

I used to joke that a few of my family members are mathematical geniuses, but if you stuck a "$" in front of any of the numbers in a formula, they'd be instantly stumped. I'm convinced it isn't all math, it is the emotional side too.

@ChasingMidnight001 3 жыл бұрын

these really need to be titled motivational rants

@catt99mahal8 2 жыл бұрын

$150k paid off…check 3-6 months emergency fund…check Invest 15%…check Mortgage…gazelle intense. Thanks 🙏🏼 Dave!

@golfwiz48 5 жыл бұрын

What happened to the big “R” on the wall??

@gandhithewise359 5 жыл бұрын

probably got moved to their new studio.

@havuckofp 5 жыл бұрын

Dude I can't even call Dave because he would bash me and my decision making so bad!!! You have hooooow much debt???

@josimatson7564 5 жыл бұрын

My net worth is made of hopes and dreams.

@hanes2 5 жыл бұрын

May be true in america... in other countries, you fail one business, once you're in dept for a lifetime.

@c103110a 5 жыл бұрын

Dave, why don't you feature people who did the right things and retired early? It might help folks. Retired at 54.

@swisstrader 5 жыл бұрын

c103110a terrific humblebrag sir!!

@MrZwartwit 5 жыл бұрын

Hey Dave Ramsey. I’m from the Netherlands. I don’t share your liberal view and disagree with about 25% of what you said (not the giving part). But i’ve learned a lot from lisstening to your videos. I did reach step 7 baby step before watching the first video. My reason to build up wealth is to give away more to fight extreme poverty/climate change while feeling secure with my emergency funds. Not to get rich. I dont need more material stuff in my life. I thank you for educating people and become more illiterate with their money. Thanx a lot. Ps. Eat a snickers bar

@Lori1976 5 жыл бұрын

Dirk Tillaard What about his views are liberal?

@AndyinMTL 4 жыл бұрын

i leased a car 3 years ago....never again!

@TrickNPlay 5 жыл бұрын

This video got me thinking, “yeah...I paid off the credit card, I paid off he car. Dave is right...how bout I do something smart for once in my financial life.”

@marcelosantana9311 5 жыл бұрын

F!!! I love chocolate chip cookies too!!!😱😂

@tommytmt 5 жыл бұрын

6 people here work for credit card companies.

@ECmom 5 жыл бұрын

Tommy TMT now it’s 16 people lol

@libertarian4323 5 жыл бұрын

Or are rich, frugal people that us credit cards to their benefit.

@ThatGuyOnYoutube2 3 жыл бұрын

@@libertarian4323 thats the logic of broke losers

@iamlifeplanner 5 жыл бұрын

I did many STUPID money mistakes before I reach age 26 because of my STUPID behavior! Thank God, He opened my eyes and make me realized - I need to change my family tree! I need to be wise with my hard earn money! Now, I am debt free and able to save 60% of my income! If i can do it, you can do it too! Keep it up everyone! Hope you all can have your own DEBT FREE SCREAM soon!

@jadyphan5892 5 жыл бұрын

Word of the day is "Stupid".

@TheLizardKing1967 5 жыл бұрын

Eleven failures in the thumbs down column. lol

@libertarian4323 5 жыл бұрын

Or rich folks who disagree with his rigid "one size fits all" jihad against any use of credit cards.

@Ryan_DeWitt 5 жыл бұрын

Again, NO ONE thinks they are going to be a millionaire off of cashback or airline miles. That is a strawman argument.

@thecattermat 5 жыл бұрын

ramsay sure is a huge fan of strawman aguments

@libertarian4323 5 жыл бұрын

Yup. The fact that many use CC's irresponsibly does not mean all of us do.

@animalevictionservicesllc4391 3 жыл бұрын

I freaking love chocolate chip cookies!

@methujeraya 5 жыл бұрын

The way he said "I like chocolate chip cookies" ahahaha

@toeknee5565 3 ай бұрын

Failure is fatal if your're skydiving

@ghostphoto1789 5 жыл бұрын

Heart failure is. But other than that he's completely right.

@marcelrodriguez2067 5 жыл бұрын

Depends if its a fatal failure 😂

@MrJimmy3459 5 жыл бұрын

Those idiots who defend credit cards by saying they pay them off every month just to earn rewards are arguing over peanuts in the grand scheme of finances

@ResidntPresident 5 жыл бұрын

MrJimmy3459 you can say the same thing about people who want to ditch them

@MrJimmy3459 5 жыл бұрын

@@ResidntPresident Found the idiot who uses benign credit card rewards

@Ryan_DeWitt 5 жыл бұрын

@@MrJimmy3459 Calling someone an idiot who you don't even know over the internet under an anonymous account some would consider idiotic in itself and cowardly.

@ResidntPresident 3 жыл бұрын

@@MrJimmy3459 I'm fatfire buddy. Best of luck to you though! Seems like your life sucks!!

@Coolfusis 5 жыл бұрын

Well, of course wealthy people won't tell you credit card rewards made them wealthy. That's silly - 1% of your spending will never account for a substantial amount of your income, by definition. A better question would be "do you use credit cards frequently?" The answer would almost certainly be "yes." That's almost guaranteed. I don't know if I've ever met a wealthy person who didn't have several credit cards they used day-to-day. My grandparents, who are millionaires, use their discover card for everything and have done so for 20 years. Credit cards are convenient, have rewards, have better fraud protections, and have perks. If treated like cash (most budgeting software will do this automatically), and paid off immediately, there's virtually no reason to ever use a debit card. Now we can talk about the psychology of cash vs plastic, but it's not terribly realistic to rely on cash/checks in this world. There are plenty of places that have stopped taking either (when I was in an apartment, for example: it was e-check or plastic).

@dylanlundgren 4 жыл бұрын

Recently lost my $1000 emergency fund by trading options with it while I am paying off my debts. It’s a failure, but not fatal. Follow the Ramsey system, pause investing while paying off your debts! The only reason I even lost it is because I was trading with the mindset of being so attached to that $1,000 because it was all I had. Pay off your debts first! Peace of mind will bring wealth, and successful risk-taking will occur.

@piraat070 5 жыл бұрын

Leasing a Toyota Aygo/Prius is good if its your only "debt" and better if you are a business man you can write almost everything off.

@jordielmolina4169 5 жыл бұрын

Can someone explain to me in the most simple way posible what is a “Roth IRA” and a “401K” I would be grateful :)

@Ryan_DeWitt 5 жыл бұрын

Simplest way possible? 401k money is taken out before taxes and grows. You pay taxes on the growth and amount you put in when you take it out. ROTH IRA you pay taxes on the money before you put it in and it grows. When you go to take money out, you pay no taxes on the original amount or the growth.

@jasonhowell8 5 жыл бұрын

A 401k is administered through your company and you are usually limited to certain investments that your employer dictates you can invest in. An IRA is a retirement account that you direct, and as such, you have many more options.(As a side note, I don't remember the exact limits, but you can put much more money into a 401k each year than you can an IRA. That doesn't even consider any employer's matching contributions.) Both accounts can be either "traditional" or Roth. Traditional simply means that you are investing before-tax money. Thus all your current contributions are tax-deductible, however, your gains will be taxed at normal income tax rates. Roth accounts are funded with after-tax money. Your current contributions are not tax-deductible, however, all your gains are tax free. (In short, if you are young, it's almost always to your advantage to invest in Roth accounts.)

@motoryzen 5 жыл бұрын

Simple. roth = you're not taxed on the growth of the money. That's why Dave always recommends it because in the end..in the long run you end up with FAR more money to start drawing for retirement decades later. Cheers.

@vinniebozzuto3534 5 жыл бұрын

Go to Disney World and see how rich you're not gonna be. Put that money away!!

@ChrisMFlorida 5 жыл бұрын

My 43 year old broke co worker just got back from there.. I'm like really dude? A single man with no children went to disney. Come to reality.

@libertarian4323 5 жыл бұрын

I'm a multimillionaire. I use credit cards for almost every purchase. Never paid a penny in interest or fees in 34 years. I've made thousands in cash rewards. It's not reason I'm rich, bit it helps. Am I bad with money?

@ChrisMFlorida 5 жыл бұрын

You're an extreme exception.. Dave's plan is for the masses to turn their lives around.

@Lori1976 5 жыл бұрын

Chris Vandernaald Not too mention.. how do we know its the truth.. 😉

@ThatGuyOnYoutube2 3 жыл бұрын

odd you are even making this comment haha

@GenTankman 4 жыл бұрын

And when you use only a debit card and spend $100,000 you get..... nothing back oh shocker. I get between 2%-5% aaaaand upwards to 10%back on all my purchases. I have never carried a balance on a card for more than a week because sometimes the merchants take forever to finalize transactions. Credit cards are an investment. If you can't manage your spending then don't get a credit card, but if you're smart you can make money on money you would've already spent.

@tmnic6971 5 жыл бұрын

How are credit cards not a good financial decision? You can build points for you to use and also build credit. Just pay it every month so you don't get interest and don't spend more than you would otherwise spend if you paid in cash

@DanielIles 5 жыл бұрын

*The quickest way to learn is to have more opportunities to fail*

@jrivera345 5 жыл бұрын

Who should I open a Roth IRA with?

@vinniebozzuto3534 5 жыл бұрын

jrivera345 Target Fund 2025 or 2035

@ronwhiteleo3352 5 жыл бұрын

its called taking the RED PILL Dave... lol..

@1stLtDavis 5 жыл бұрын

1:14 lol. Not really. /watch?v=UiCjwNeySco

@suzydixon4930 5 жыл бұрын

😲 definitely a contradiction.

@TLJ1025 5 жыл бұрын

I cant click that or copy it so idk what it is lol

@suzydixon4930 5 жыл бұрын

Auto fills the KZfaq part in then URL bar. It’s one of Ramsey’s videos that does contradict what’s said here[about himself].

@carlosgutierrez2789 5 жыл бұрын

And there goes Dave giving his "no millionaire I've spoken with got rich using credit cards" statement that he constantly makes as if anyone has ever make that argument! lol come on!

@wa2k99 5 жыл бұрын

Chocolate chip cookies are so overrated

@johnlopez7412 3 жыл бұрын

Of course no rich people will say they are rich because of their points but tons of rich people use points specially the ones that travel all the time